Why?
@ethsolm
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Following
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Joined February 2023
Hello @met_lparmy cadets,. It’s undeniable that @MeteoraAG has become a giant. Many new members have joined us in the journey of providing liquidity and earning from fees. With this influx of new members, many new questions have also arisen.
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RT @met_lparmy: This might go down as the LP print of the century. @Bumhunter5 saw the early opportunity, created a DAMM v2 pool and turne….
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That’s some good news, much love ❤️.
trading fees for REAL devs: active ✓. on boopdotfun, u can now allocate fees to Github accs and make sure that actual devs get paid for all the thankless work they do—w/ the gift of 1% of every trade made by ur cult!
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Big thanks to @MeteoraAG and @met_lparmy for making this possible. The tech and community are irreplaceable.
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I still remember, like it was yesterday, when just a month ago I was asking @magickaisded, “WTF is DAMM V2?”. If I can go from clueless to massively in profit — even giving interviews on how I did it — so can you!.
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It’s all about finding what you’re good at. And even if the start is rough, keep going — experience and consistency can take you a long way.
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My point is, you don’t need much to get started with @MeteoraAG. Got a good bankroll to play with? .Maybe DLMM would suit you better. Not so much?.Well, DAMM V2 has its doors wide open for you.
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Another good observation is that my win rate ranged anywhere from 36% to 54%. This means there were plenty of losing trades, yet I still kept the wallets in the green — all thanks to the huge fees I managed to capture with my small entries.
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Meteora DAMM V2, unlike DLMM, gives you the opportunity to invest as little as 0.01~2 Solana and still bank big. I want to emphasize this point: if you look at any of these screenshots, you’ll notice that the average buy is very small.
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In just a month and a half, across 12 different wallets, I managed to turn 2 Solana into over 77, exclusively using @MeteoraAG DAMM V2. It wasn’t easy — most of the time, I was glued to my desk, staring at the screen.
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I see many of you interested in the DAMM V2 position manager. The web version aka v2 is in the making and will take come time be finished. On the mean time, you can use the CLI/Terminal version of it. I hope it helps.
github.com
Contribute to ImFantin/Meteora-DAMMV2-Position-Manager development by creating an account on GitHub.
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RT @RocketScan_fun: When tokens on Launchpads like migrate, a @MeteoraAG DAMM V2 Pool is created with around $20k+….
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My new pet project. @MeteoraAG DAMM V2 position manager version 2. Should be out in the next coming month to help all degens track their position, and mass close, claim positions and a few extra perks.
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RT @magickaisded: Missed this week’s episode of LP ARMY LEGENDS? 🎯.Catch the full interview with @ethsolm — one of the sharpest DAMM v2 LPe….
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I just saw someone creating a @earnyourbags token for someone who apparently doesn't even do crypto trading. Giving him more exposure and some fees on top of it. Just thought it was cool how bags is changing the ecosystem.
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RT @magickaisded: Let’s cook some serious alpha with @ethsolm. We’re diving deep into DAMM v2:.🌀 Pool strategies.⚖️ Risk management.🤪 Degen….
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If you still have questions, join the @met_lparmy Discord — the cool guys hang out in the #degen-damm channel. Peace. ✌️.
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The community has concluded that these are the best settings overall. The reason is that linear pool fees decay much slower compared to exponential ones, giving you more time to earn fees and profit.
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